$REQ

REQ
REQ
0.1082
-3.73%

/USDT BEARISH SHORT SETUP🔴🚦

REQ/USDT shows signs of a bearish continuation as price struggles to break above the 0.1280 resistance level. A rejection here could push the pair lower towards key support zones.

Trade Idea:

Entry (Short): 0.1240 - 0.1260 zone

Take Profit (TP): 0.1210 / 0.1190

Stop Loss (SL): 0.1285

Technical Rationale:

Price is facing resistance near 0.1280

Lower highs forming on the 1H/4H chart indicate selling pressure

Bearish momentum confirmed with slight negative candle wicks

Risk Management:

Risk no more than 1-2% of trading capital per trade. Keep SL tight and monitor for reversal candlestick patterns.

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